Random Capital broker Accounts

random capital Account Types & Opening Guide 2025: Complete Comparison and Registration Steps

random capital Account Types Explained

When considering trading with random capital, it's essential to understand the various account types available. Each account type caters to different trading needs and levels of experience. Below is a detailed overview of the available account types:

1. Standard Account

• Minimum Deposit Requirement: $100
• Spread/Commission Structure: Variable spreads starting from 1.0 pips
• Leverage Options: Up to 1:500
• Key Features: Ideal for beginners, access to educational resources
• Target User Profile: Beginner traders
• Trading Instruments Available: Forex, commodities, indices

2. ECN Account

• Minimum Deposit Requirement: $500
• Spread/Commission Structure: Raw spreads with a commission of $3 per lot
• Leverage Options: Up to 1:200
• Key Features: Direct market access, lower spreads, suitable for scalping
• Target User Profile: Intermediate to advanced traders
• Trading Instruments Available: Forex, cryptocurrencies, commodities

3. Pro Account

• Minimum Deposit Requirement: $1,000
• Spread/Commission Structure: Fixed spreads starting from 0.5 pips with a commission
• Leverage Options: Up to 1:100
• Key Features: Advanced trading tools, priority customer support
• Target User Profile: Professional traders
• Trading Instruments Available: Forex, indices, futures

4. Islamic Account

• Minimum Deposit Requirement: $100
• Spread/Commission Structure: Similar to Standard Account
• Leverage Options: Up to 1:500
• Key Features: Swap-free trading, compliant with Sharia law
• Target User Profile: Muslim traders
• Trading Instruments Available: Forex, commodities

5. Demo Account

• Minimum Deposit Requirement: N/A (virtual funds)
• Spread/Commission Structure: Same as Standard Account
• Leverage Options: Up to 1:500
• Key Features: Practice trading without risk, access to all trading tools
• Target User Profile: All levels, especially beginners
• Trading Instruments Available: All instruments available in live accounts

Account Type Comparison Table

Recommended Account Types by Trader Level

• Beginner: Standard Account
• Intermediate: ECN Account
• Advanced: Pro Account
• Muslim Traders: Islamic Account
• Practice: Demo Account

Detailed random capital Account Features

Comparison of Features Across Different Account Types

Advantages of Each Account Type

• Standard Account:

• Low minimum deposit

• User-friendly for beginners

• Access to educational resources

• ECN Account:

• Lower spreads for high-frequency trading

• Direct market access

• Suitable for scalping strategies

• Pro Account:

• Advanced trading tools

• Priority support

• Fixed spreads for better predictability

• Islamic Account:

• Compliance with Sharia law

• No swap fees

• Suitable for Muslim traders

• Demo Account:

• Risk-free environment for practice

• Access to all trading tools

• Helps build confidence before live trading

Disadvantages of Each Account Type

• Standard Account:

• Higher spreads compared to ECN

• Limited advanced features

• ECN Account:

• Higher minimum deposit

• Commission fees can add up

• Pro Account:

• High minimum deposit

• Complexity may deter beginners

• Islamic Account:

• Limited availability of certain features

• Not suitable for all traders

• Demo Account:

• No real money involved

• Limited duration for practice

random capital Account Registration Requirements

Eligibility Criteria

• Age Requirements: Minimum age of 18 years
• Geographic Restrictions: Availability may vary by region; check specific country eligibility
• Prohibited Countries: Countries under international sanctions may be restricted
• Identity Verification Documents Needed: Government-issued ID (passport, national ID)
• Proof of Residence Requirements: Utility bill or bank statement with current address
• Additional Documentation for Professional Accounts: Proof of trading experience or financial statements may be required

KYC/AML Compliance Procedures

• Completion of Know Your Customer (KYC) forms
• Anti-Money Laundering (AML) checks to verify identity and source of funds

Verification Time Frames

• Account verification typically takes 1-3 business days, depending on the completeness of submitted documents.

Step-by-Step random capital Account Opening Guide

Detailed Registration Process

1. Visit Website: Go to the random capital website.
2. Click Registration: Locate and click on the "Open Account" button.
3. Personal Information Entry: Fill in personal details such as name, email, and phone number.
4. Choose Account Type: Select the desired account type from the available options.
5. Set Trading Preferences: Specify trading preferences, including leverage and trading instruments.
6. Document Upload: Upload required identification and proof of residence documents.
7. Account Verification: Wait for the verification process to complete.
8. Fund Your Account: Deposit funds to start trading.
9. Start Trading: Access the trading platform and begin trading.

Desktop vs Mobile Registration Differences

• The registration process is similar on both desktop and mobile platforms, but mobile may offer a more streamlined experience.

Common Registration Issues and Solutions

• Issue: Document upload failure
• Solution: Ensure documents are clear and in the correct format (PDF, JPG).
• Issue: Verification delays
• Solution: Contact customer support for assistance.

Average Account Approval Time

• Typically, account approval takes between 1-3 business days.

How to Upgrade/Downgrade Account Types

• Contact customer support or use the account management section on the website to request changes.

random capital Demo Account Guide

Demo Account Features and Benefits

• Practice trading with virtual funds
• Access to all trading tools and features available in live accounts
• No financial risk involved

How to Open a Demo Account

• Follow the same registration steps as for a live account but select "Demo Account" during the account type selection.

Demo Account Limitations

• Limited duration (usually 30 days)
• No access to real trading conditions

Virtual Balance Amount

• Typically, demo accounts come with a virtual balance of $10,000 or more.

Demo vs Live Account Differences

• Demo accounts use virtual funds, while live accounts involve real money trading.

Duration/Expiry of Demo Accounts

• Demo accounts usually expire after 30 days of inactivity.

random capital Islamic Account Details

Swap-Free/Islamic Account Availability

• Yes, random capital offers Islamic accounts that comply with Sharia law.

Eligibility Requirements

• Must be a Muslim trader seeking a swap-free trading option.

Differences from Standard Accounts

• Islamic accounts do not incur swap fees, making them compliant with Islamic finance principles.

How to Apply for Islamic Account

• During the registration process, select the Islamic account option.

Restrictions or Special Conditions

• Islamic accounts may have specific trading conditions; check with customer support for details.

FAQs – random capital Account Types & Opening

1. What account types does random capital offer？

• random capital offers Standard, ECN, Pro, Islamic, and Demo accounts.

1. What is the minimum deposit for each account type？

• Standard: $100, ECN: $500, Pro: $1,000, Islamic: $100, Demo: N/A.

1. How long does random capital account verification take？

• Verification typically takes 1-3 business days.

1. Does random capital offer demo accounts？

• Yes, random capital offers demo accounts for practice trading.

1. Can I have multiple account types with random capital？

• Yes, traders can open multiple account types as needed.

1. Does random capital offer Islamic/swap-free accounts？

• Yes, random capital provides Islamic accounts that are swap-free.

1. What documents do I need to open a random capital account？

• A government-issued ID and proof of residence are required.

1. Can I change my account type after registration？

• Yes, you can request to upgrade or downgrade your account type through customer support.